Making Multi-Modal Logistics Ready for Industry 4.0

  • 2 mins read
  • 23rd Nov,2021

Technological disruptions are changing the landscape of logistics. Both private operators and governments are leveraging cutting-edge technologies to develop customer-centric, smart supply chains and enhance the efficiency of multi-modal logistics. Multi-modal logistics integrates multiple transport modes like rail, road, air and ships to create end-to-end, seamless transportation. The bets are high on streamlining the multi-modal logistics ecosystem because of the many benefits it promises- agile and shared mobility with  optimal asset utilization, seamless connectivity, end-to-end visibility, unified payments system, last-mile delivery and cost effectiveness. Emerging Technologies like Artificial Intelligence (AI), Big Data & Analytics and blockchain technology promise to make logistics ready for Industry 4.0.

Going Multi-Modal to Cut Costs, Reduce TAT

Logistics costs are a barometer of a country's business competitiveness. India has been grappling with steep logistics costs- they currently account for 13 per cent of the GDP. To turn around the face of logistics, the Indian government has announced the ambitious Gati Shakti plan. It is a GIS-based initiative to cut logistics costs, increase cargo handling capacity at ports and reduce the turnaround time. Gati Shakti will complement the Rs 111-lakh-crore National Infrastructure Pipeline and integrate departments working in silos for the coordinated development of projects from roads to railways and aviation to agriculture. For enabling the smooth implementation of the new initiative, the government has pledged Rs 50,000 crore on 500 new multi-modal terminals by 2025. However, the multi-modal terminals would need applications of a confluence of technologies to make them cost-efficient and slash Turn Around Time (TAT).

To illustrate, Dubai-based DP World has launched its new digital logistics platform. The solution is designed to provide a single-window solution, enabling a more 'seamless' cargo movement. Hungary is developing Europe's first smart railway hub, managed by a 5G network empowered by Huawei's telecom equipment.

CSM Technologies' Digital Logistics Management System

The system is anchored to creating dispatch stacks/stockpiles after the run-of-mines are processed and recovered. The dispatches are scheduled based on the demand receipt and the production plans. Therefore, the transporter management module manages the dispatch of consignments to the buying entities on a day-by-day basis. Utilizing a combination of cutting-edge, mobile-ready interfaces, the system has dedicated functionalities for supporting and digitally empowering the weighment, loading, and quality control processes.

The platform boasts of seamless integration with third-party systems, such as the Railways' Freight Operations Information System (FOIS) and Port Management System. Besides multi-system integration, the system ensures compliance with regulatory procedures, making it the differentiator among similar solutions.

Visualizing Multi-Modal for The Future

Planning multi-modal for the future needs to focus on the Mobility-as-a-Service concept and delivering an omnichannel customer experience. While transportation should be personalized for attracting and retaining customers, the thrust should be on serviceability and reducing transportation costs through seamless integration. Hyperloop, where pods move at near-supersonic speeds inside sealed, low-pressure tubes, is a futuristic and viable transport option. Besides moving commuters, hyperloop promises to deliver cargo at lightning speed at optimal costs. Hyperloop systems can also be integrated with other transportation modes like container ports, railways, metro trains and bus rapid transit systems. Technology will be central to how we design and deliver on logistics.

Jayajit Dash

Research Analyst - Public Policy

More Blog Posts from Jayajit Dash

Digital Transformation - 3 MINS READ

How Hyperautomation Can Connect People Anywhere With Anything

Emerging Technologies - 2 MINS READ

Emerging Tech Can Ease HR Worries of Hiring & Retaining Talent

Digital Transformation - 3 MINS READ

Data Lakes for Driving Seamless Digital Transformation

Agriculture - 3 MINS READ

Emerging Technologies Can Future-Proof The Farm-To-Fork Chain

Education - 3 MINS READ

How EdTech is More Than a Disruptor On the Learning Curve

Agriculture - 4 MINS READ

Agritech for Agriculture 4.0- Growing More with Less

Mines & Minerals - 3 MINS READ

Digital Logistics for Pivoting To Mining 4.0

Enterprise Resource Planning - 2 MINS READ

How Automated HR Solutions Can Gear Up PSUs For Industry 4.0

Mines & Minerals - 2 MINS READ

Advanced Analytics To Align Operations With Mining 4.0

Land & Industry - 2 MINS READ

Creating Delight in Land Management with Digital Systems

Most Viewed Blog Posts

Emerging Technologies - 3 MINS READ

Artificial Intelligence: The Future Is Here

Emerging Technologies - 2 MINS READ

e-Governance: Adopting Agile Methodology

Block Chain - 1 MIN READ

Blockchain : The Trust Protocol for Data Integrity through Distributed Power

Digital service - 3 MINS READ

PWA - The Time Ahead For The Web

Smart City - 3 MINS READ

My City My Pride

Agriculture - 3 MINS READ

Tracing India’s True Farmers Through Land for Identifying True Beneficiaries

Data Analytics - 3 MINS READ

Making the Right Use of Data Power in the Challenging Times of Pandemic

Digital service - 2 MINS READ

Freshworks' Success Should Spur Indian Start-Ups To Ring Bells, Globally

Life @ CSM - 4 MINS READ

Managing Stress At Work Is No Rocket Science

GovTech Solution - 4 MINS READ

Agile in e-Governance

Emerging Technologies- Making Great Things Possible

Subscribe to our newsletter

If you choose to provide us with your e-mail address and/or other (indirect) personally identifiable information, we will only use such information to send you our newsletter